Gennex Lab Rights Issue 2022, Price, Ratio & Allotment Details

Gennex Lab Rights issue 2022 Date will be open from 05 August 2022 nd closes on 19 August 2022. The company has set a record date of the rights issue on 22 July 2022. The company will offer 6,32,51,500 Shares through this rights issue and through this issue and the company will collect ₹37.95 Crores. and the company Gennex Lab Rights Issue Price of this issue has been announced at ₹6 per share as per the face value of ₹1.

Gennex Lab Rights Issue 2022

Gennex Laboratories Limited Company is engaged in the manufacture of Active Pharmaceutical Ingredients that are regularly referred to as bulk drugs. The Company has obtained drug licence for about fifteen active pharma ingredients of which it is focused on and manufacturing around eight of them that are used in expectorants, muscle relaxants, anti-depressants, anti-fungal, urinary tract analgesics and other analgesics.

The four major products are Guaifenesin, Methocarbamol, Fluconazole and Phenazopyridine HCL that contribute to almost 97% of the total production quantity. Guaifenesin and Methocarbamol together contribute to more than 90% of the production quantity.

Read also:- Share Buyback 2022 List

The manufacturing unit is located in IDA Bollarum, Hyderabad, Telangana, India. The installed capacity of the plant is 600 TPA of which more than 95% is the current capacity utilization. The plant, located on around 2.2 acres of land is owned by the Company. The production process is carried out by a qualified team of technical staff who have been approved by the Drugs Control Administration, Government of Telangana.

Object of the Issue :

  • Meeting the Working capital requirement
  • Repayment of borrowings availed by the Company from lenders.
  • Further Investment in Deccan Remedies Ltd.,
  • General Corporate Purposes.

Gennex Lab Rights issue Review :

Apply for Long Term

Gennex Lab Rights issue 2022 Date & Price Details :

Issue Open :05 August 2022
Issue Close :19 August 2022
Record Date :22 July 2022
Issue Size :₹37.95 Cr
Face Value :₹1 Rs. Equity Share
Price Band :₹6 Per Share
Listing On :BSE
Issue Shares Offer :6,32,51,500
Ratio :1:2
Paytm

Gennex Lab Rights issue 2022 Date :

Bid Open Date :05 August 2022
Bid Close Date :19 August 2022
Record Date :22 July 2022
Allotment Date :26 August 2022
Share Credit Date :31 August 2022
Listing Date :02 September 2022

Gennex Lab Financial Report (Cr):

YearRevenueExpenseP&L
2022₹61.21₹55.83₹3.92
2021₹59.65₹53.12₹4.04
2020₹55.55₹52.31₹1.86
Upstox Referal

How to apply Gennex Lab Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Gennex Lab Rights Issue from the dropdown.
  • Enter Demat Account Number.
  • Fill the online application form.
  • Validate and submit the application.

Quick link :

■ Letter Of Offer
■ Application Form

Gennex Lab Rights Issue Lead Manager :

Quintessence Enterprises Private Limited
Regd and Corporate office:
8-2-603/1/VP, Plot No.8A, Road No.10,
Banjara Hills, Hyderabad-500082.
Tel No: +91 40 2339 8744
e-mail:[email protected],
Web: www.qeplindia.com

Gennex Lab Rights Issue Registrar :

Bigshare Services Private Limited
Corporate Office No S6-2,
6th floor Pinnacle Business Park, Next to Ahura
Centre, Mahakali Caves Road,
Andheri (East), Mumbai – 400072
Tel. No.: +91 – 22 – 6263 8200
Investor Grievance Email: [email protected]
e-mail: [email protected]
Website: www.bigshareonline.com

Company Address :

Gennex Laboratories Limited
Survey #133, IDA Bollaram,
Jinnaram Mandal,
Sanga Reddy District – 502 325,
Telangana, India.
Phone: +91-8458279406, T
elefax: +91-8454279516
E-mail: [email protected];
website: www.gennexlab.com

Gennex Lab Rights Issue 2022 FAQs :

What is Gennex Lab Rights Issue Open Date?
Gennex Lab Rights Issue 2022 Open date is 05 Aug 2022.

What is Gennex Lab Rights Issue Close Date?
Gennex Lab Rights Issue 2022 Close date is 19 Aug 2022.

When is Gennex Lab Rights Issue 2022 Record Date?
Gennex Lab Rights Issue 2022 record date is 22 July 2022.

What is Gennex Lab Rights Issue Price?
The company has fixed the price at ₹6 per share.

What is Gennex Lab Rights Issue 2022 Size?
The company Gennex Lab Rights Issue Size is ₹37.95 Cr.

What is Gennex Lab Rights Issue Ratio?
The company has fixed the ratio Of 2:1.

How to apply for Gennex Lab Rights Issue 2022?
You can apply for the Gennex Lab Rights Issue in two ways:

1 – Net Banking (ASBA) 2 – Registrar’s Website


 Check Out all IPO List: Click Here

 Check Out all IPO GMP: Click Here

 Check Out all IPO Subscription: Click Here

 Check Out all IPO Allotment: Click Here

 Check Out all IPO Listing: Click Here

 Check Out all SME IPO: Click Here

All IPO related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Gennex Lab Rights Issue 2022, Price, Ratio & Allotment Details
0Shares
error: Content is protected !!